3540 28th St NBirminghamAL35207
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Birmingham at 3540 28th St N, Birmingham, AL, 35207 uses $43,095 cash to close to unlock $3,294/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,008/mo, and a $636/mo payment keeps the spread at $275/mo. Purchase price stands at $130,000, and rental yield measures 9.3% with $1,008/mo rent. Return on cash invested shows 27.55% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 143.19% and total cumulative return in cash records $61,707. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,008/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1925
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35207, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 1,624 (41.6%) |
| Renter Occupied HU | 1,601 (41.0%) |
| Vacant Housing Units | 683 (17.5%) |
| Median Home Value | $94,643 |
| Average Home Value | $167,882 |
Housing Distribution
Address Breakdown
Residential
3,228
Single Family
2,927
Multi-Family
301
Businesses
274
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Listed by: Gail Shearer • BHM Property Solutions LLC
Mls Name: GALMLS
Mls ID: #21425945